CDT Environmental Technology Investment Holdings Limited (NASDAQ:CDTG) Short Interest Down 21.3% in February

CDT Environmental Technology Investment Holdings Limited (NASDAQ:CDTG) was the target of a significant drop in short interest in February. As of February 13th, there was short interest totaling 10,286 shares, a drop of 21.3% from the January 29th total of 13,075 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 406,515 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 406,515 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of CDT Environmental Technology Investment in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, CDT Environmental Technology Investment currently has a consensus rating of “Sell”.

CDT Environmental Technology Investment Stock Performance

Shares of CDTG opened at $0.24 on Wednesday. CDT Environmental Technology Investment has a 1 year low of $0.20 and a 1 year high of $2.78. The stock’s 50-day moving average price is $0.33 and its two-hundred day moving average price is $0.50.

About CDT Environmental Technology Investment

CDT Environmental Technology Investment Ltd, incorporated in the Cayman Islands, is a special purpose acquisition company (SPAC) listed on the Nasdaq Capital Market under the ticker symbol CDTG. The company was formed to raise capital through an initial public offering with the primary objective of identifying and combining with one or more businesses in the environmental technology sector.

Until it completes a business combination, CDT Environmental Technology Investment has no ongoing operations and holds the proceeds of its IPO in a trust account.